High Levels of Which of the Following Traits Is Associated

question 119

Multiple Choice

High levels of which of the following traits is associated with refusing to obey orders in studies like Milgram's classic shock experiments?

• A) Conscientiousness
• B) Authoritarianism
• C) Moral development
• D) Agreeableness

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Definitions:

Profit-maximizing Level

The output level at which a firm achieves the highest possible profit.

Short-run

In economics, a period wherein at least one input (like capital) is fixed, and firms can only adjust variable inputs (like labor).

Normal Profits

The level of profit necessary to keep a firm in a specific industry or market in the long run, equating to the firm’s opportunity costs.

Profit-maximizing

A business strategy or operational mode where the primary goal is to achieve the maximum possible profits.